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Working Paper
Distance and Decline: The Case of Petersburg, Virginia
Petersburg, Virginia, prospered over two centuries as a center of production and trade. However, the city experienced economic difficulties beginning in the 1980s as a large number of layoffs at production plants in the area coincided with an erosion of retail trade in the city. Prolonged economic decline followed. In contrast, somewhat similar shocks in other moderate-sized cities in Virginia were followed by gradual economic recovery. We examine these differing outcomes and offer an explanation that hinges on the proximity of Petersburg to its larger neighbor, the greater Richmond area. We ...
Journal Article
Venturing along the road less traveled: Virginia's experience with a private toll road
Private entrepreneurship is giving birth to new lanes of travel, but the labor is proving painful. Lessons learned from this experience should make the creation of private toll roads easier in the future.
Journal Article
The agricultural outlook for 1986...continued financial weakness seen
An abstract for this article is not available
Journal Article
Some help interpreting the help-wanted ad index
During periods of slow job growth, some economic analysts look to the Conference Board's help-wanted ad index as a harbinger of future jobs and economic activity.
Journal Article
Survey evidence of tighter credit conditions: what does it mean?
Recent survey results from the Senior Loan Officer Opinion Survey indicate that, on net, many banks tightened their loan standards during 1990 and early 1991. This article investigates the implications of these results by comparing them to survey responses from previous periods.
Journal Article
The agricultural outlook for 1985...a little promise seen
An abstract for this article is not available